Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
🅱️ Bitcoin Short-Term - 4H - Update
Bitcoin
Long
🅱️ Bitcoin Short-Term - 4H - Update
By AlanSantana
Follow
Follow
Aug 1, 2023
3
4
2
2
Aug 1, 2023
A very strong and clear reversal now taking place for Bitcoin.
The daily timeframe is showing a very strong reversal candlestick pattern that only confirms later today once the current session closes.
Zooming in, Bitcoin (BTCUSD) on the 4H/Short-term timeframe, the reversal signals are strong and clear.
✔️ A long-term lower low leads to the previous session closing as a hammer.
✔️ This strong hammer is being confirmed by a full green candle supported by high volume and bullish divergence with the RSI.
✔️ The bullish divergence is double as it can also be seen with the MACD (24-July vs 1-Aug.).
These are very strong and clear reversal signals.
Either Bitcoin moves back up to the upper range of the channel, re-enters range trading or continues to hit a higher high.
Regardless of how this move ends,
Bitcoin is set to grow in August 2023...
Very easy to see, don't you think?
Namaste.
Chart Patterns
Technical Indicators
Trend Analysis
AlanSantana
Follow
🔥 PREMIUM Trade-Numbers
lamatrades.com
(Since 2017)
🏆 Results:
t.me/alansantana1111/5935
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
Also on:
Related publications
🅱️ 39 Trade Ideas Prove The Future Can Be Predicted | BTC Rally
by AlanSantana
🅱️ 10X Lev. BTC (XBTUSD) Long Trade Signal (730% Potential)
by AlanSantana
✴️ Immutable X Above Support = Bullish Setup
by AlanSantana
✴️ Maker Hits Highest Price Since October 2022
by AlanSantana
✴️ Frax Share | Doubt Can Cost You Money!
by AlanSantana
✴️ Optimism Great Timing (100%+ Potential)
by AlanSantana
✳️ Stacks vs Bitcoin (100%+ Potential Easy)
by AlanSantana
✴️ Stacks Targets (125% to 175% Potential Mapped)
by AlanSantana
✳️ Frax Share 520% Long-Term Potential Revealed!
by AlanSantana
✴️ XDC Network 1,2,3,4 Steps Pattern Leads To 95% Jump
by AlanSantana
✴️ Horizen LongTerm BullMarket Projection | $450? Sounds Like...
by AlanSantana
✴️ 0x 5X Lev. Trade Setup | Sharing My Experience
by AlanSantana
✴️ Enjin Coin 7X Lev. | 790% Potential (Adults Only)
by AlanSantana
✴️ ssv.network Moves Next (Potential Beyond 100%, Up To 180%)
by AlanSantana
✴️ Nexa Breaks Descending Channel (250% Potential Short-Term)
by AlanSantana
🅱️ A $35,000 Bitcoin In August Confirmed & Beyond (Multiple TF)
by AlanSantana
✴️ Helium Will Grow Easily Beyond 310%, According To Chart (12X)
by AlanSantana
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.